Economics · Market Structures
Match List I with List II: List I I. Monopoly II. Oligopoly III. Monopolistic competition IV. Perfect competition List II1. Two firms2. Price takers3. A few firms4. Weak barriers5. One firm and one product
- 1I-4, II-3, III-5, IV-1
- 2I-5, II-3, III-4, IV-2✓
- 3I-2, II-5, III-3, IV-4
- 4I-5, II-1, III-2, IV-3
Correct answer
I-5, II-3, III-4, IV-2
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